Leasing is not keeping - Saab 9-5 Bulletin Board - Saabnet.com
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Leasing is not keeping
Posted by phred (more from phred) on Wed, 21 Aug 2002 13:25:30
In Reply to: Re: Leasing new versus purchasing used?, Dave in PA [Profile/Gallery]
, Wed, 21 Aug 2002 12:11:31
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Think of leasing as a long-term 4-year car rental. At the end, you give it back, no muss no fuss. But you're built up no equity in the car.
Sometimes it seems tempting to buy the car at the end of the lease, but then you're looking at 4 to 5 years of cars payments on the residual. Meaning you've been paying off the car for 8 years!
Frankly, people are leasing Saabs because they are making such ridiculous offers. And they're doing that because they aren't moving enough merchandise. So for someone who is only going to keep their car 3 or 4 years anyway (like me), it makes a lot more sense to lease.
posted by 216.205.22...
Posts in this Thread:
- Leasing new versus purchasing used?, Pat Mc, Wed, 21 Aug 2002 10:45:12
- Usual paradigms skewed by Saab deals......, Mike Lynch , Thu, 22 Aug 2002 19:15:41
- Re: Leasing new versus purchasing used?, KP, Wed, 21 Aug 2002 15:40:35
- Re: Leasing new versus purchasing used?, pursang, Wed, 21 Aug 2002 15:14:58
- Re: Leasing new versus purchasing used?, Dave in PA , Wed, 21 Aug 2002 12:11:31
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